Premium Only Content
Beijing’s secret weapon to control its local governments is causing a financial meltdown
Of China’s 32 provinces, direct cities, and regions, only 6 local governments are financially sound. The other 26 localities were in the red in 2022. Some were 300% in the red. Can these 6 cities and regions carry the country financially? And how does the central government control the local governments through tax revenue allocations? How do we quantify the fiscal war between the central and local governments?
References:
http://www.gov.cn/xinwen/2023-01/31/content_5739311.htm
https://www.youtube.com/watch?v=9p3ODtMJyzw&t=665s
Sign up for my emails: https://leisrealtalk.com/
Donation: https://donorbox.org/support-lei-s-real-talk-support-lei
Ideas/Suggestions: Leisrealtalk@gmail.com
#leisrealtalk #xijinping #realestate #xiongancity #chinaeconomy #chinanews #Chineseeconomy
-
11:53
Lei's Real Talk
4 months ago $0.03 earnedThe bat woman of Wuhan and the origin of COVID
972 -
LIVE
Fresh and Fit
8 hours agoOF Thot Makes 4M A Month?! Klan Meeting & Reaction To "Occupied" Documentary
9,476 watching -
0:46
Dr Disrespect
3 days agoIt's not just a stream... it's an experience
762K3.37K -
4:31:24
nickelsYT
11 hours ago $19.38 earned🔴LIVE-First Day on Rumble Warzone Area 99 Big Map...Proximity Fun
40.6K1 -
9:18:07
cbsking757
11 hours ago $17.58 earned★FINISHING NEBULA BEFORE WE START THE ABYSS GRIND! #callofduty #blackops6
39.7K2 -
5:14:30
SpartakusLIVE
11 hours agoGIGA Spart exudes PEAK MASCULINITY
62.9K3 -
45:41
Stephen Gardner
11 hours ago🔥Elon Musk’s SHOCKING Role in Trump’s Plan to EXPOSE DC Criminals | Errol Musk Speaks Out!
105K123 -
20:10
DeVory Darkins
16 hours ago $26.18 earnedThe View ERUPTS Over Call for Biden to Pardon His Son
87.7K110 -
5:14:10
GamingChad
13 hours agoMS Flight Simulator 2024 - Lets Make this Turkey Fly -Career mode Pt.2
103K7 -
5:00:01
Pepkilla
14 hours agoHappy Thanksgiving ~ Wumble StwEeeem
61.9K5